Determine the probability that a simple random sample


The mean monthly rental for the two-bedroom apartment in Atlanta is $982 (Elle, September 1998). Suppose that the population mean is $982 and the population standard deviation is $210.

A. Determine the probability that a simple random sample of 40 two bedroom apartments will offer a sample mean monthly rental in +- $100 of the population mean?

B. Determine the probability that a simple random sample of 40 two bedroom apartments will offer a sample mean monthly rental in +- $25 of the population mean?

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Basic Statistics: Determine the probability that a simple random sample
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